This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels.
Here's the list of options activity happening in today's session:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
C | CALL | TRADE | BEARISH | 05/10/24 | $59.00 | $39.2K | 32 | 7.4K |
CRBG | PUT | SWEEP | BEARISH | 04/19/24 | $25.00 | $28.6K | 9.2K | 3.5K |
BX | PUT | SWEEP | BULLISH | 06/21/24 | $115.00 | $34.4K | 15.6K | 2.6K |
JPM | CALL | TRADE | BULLISH | 06/21/24 | $200.00 | $40.5K | 7.2K | 1.5K |
COIN | PUT | SWEEP | NEUTRAL | 04/19/24 | $235.00 | $42.8K | 2.0K | 1.2K |
SOFI | PUT | SWEEP | BULLISH | 01/16/26 | $7.00 | $60.6K | 20.9K | 1.0K |
AIG | PUT | SWEEP | BEARISH | 04/19/24 | $71.00 | $27.0K | 340 | 733 |
SQ | CALL | SWEEP | BEARISH | 05/17/24 | $75.00 | $42.3K | 1.0K | 127 |
AXP | CALL | SWEEP | BULLISH | 04/26/24 | $217.50 | $32.2K | 5 | 97 |
AMRK | CALL | TRADE | BULLISH | 09/20/24 | $30.00 | $35.1K | 86 | 36 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding C C, we observe a call option trade with bearish sentiment. It expires in 28 day(s) on May 10, 2024. Parties traded 200 contract(s) at a $59.00 strike. The total cost received by the writing party (or parties) was $39.2K, with a price of $196.0 per contract. There were 32 open contracts at this strike prior to today, and today 7475 contract(s) were bought and sold.
• Regarding CRBG CRBG, we observe a put option sweep with bearish sentiment. It expires in 7 day(s) on April 19, 2024. Parties traded 1427 contract(s) at a $25.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $28.6K, with a price of $20.0 per contract. There were 9216 open contracts at this strike prior to today, and today 3587 contract(s) were bought and sold.
• For BX BX, we notice a put option sweep that happens to be bullish, expiring in 70 day(s) on June 21, 2024. This event was a transfer of 81 contract(s) at a $115.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $34.4K, with a price of $425.0 per contract. There were 15602 open contracts at this strike prior to today, and today 2681 contract(s) were bought and sold.
• For JPM JPM, we notice a call option trade that happens to be bullish, expiring in 70 day(s) on June 21, 2024. This event was a transfer of 200 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $40.5K, with a price of $203.0 per contract. There were 7223 open contracts at this strike prior to today, and today 1576 contract(s) were bought and sold.
• Regarding COIN COIN, we observe a put option sweep with neutral sentiment. It expires in 7 day(s) on April 19, 2024. Parties traded 118 contract(s) at a $235.00 strike. This particular put needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $42.8K, with a price of $364.0 per contract. There were 2087 open contracts at this strike prior to today, and today 1219 contract(s) were bought and sold.
• Regarding SOFI SOFI, we observe a put option sweep with bullish sentiment. It expires in 644 day(s) on January 16, 2026. Parties traded 300 contract(s) at a $7.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $60.6K, with a price of $202.0 per contract. There were 20901 open contracts at this strike prior to today, and today 1008 contract(s) were bought and sold.
• For AIG AIG, we notice a put option sweep that happens to be bearish, expiring in 7 day(s) on April 19, 2024. This event was a transfer of 675 contract(s) at a $71.00 strike. This particular put needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $27.0K, with a price of $40.0 per contract. There were 340 open contracts at this strike prior to today, and today 733 contract(s) were bought and sold.
• Regarding SQ SQ, we observe a call option sweep with bearish sentiment. It expires in 35 day(s) on May 17, 2024. Parties traded 60 contract(s) at a $75.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $42.3K, with a price of $705.0 per contract. There were 1040 open contracts at this strike prior to today, and today 127 contract(s) were bought and sold.
• Regarding AXP AXP, we observe a call option sweep with bullish sentiment. It expires in 14 day(s) on April 26, 2024. Parties traded 46 contract(s) at a $217.50 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $32.2K, with a price of $700.0 per contract. There were 5 open contracts at this strike prior to today, and today 97 contract(s) were bought and sold.
• For AMRK AMRK, we notice a call option trade that happens to be bullish, expiring in 161 day(s) on September 20, 2024. This event was a transfer of 30 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $35.1K, with a price of $1170.0 per contract. There were 86 open contracts at this strike prior to today, and today 36 contract(s) were bought and sold.
Options Alert Terminology
- Call Contracts: The right to buy shares as indicated in the contract.
- Put Contracts: The right to sell shares as indicated in the contract.
- Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it.
- Premium/Option Price: The price of the contract.
For more information, visit our Guide to Understanding Options Alerts or read more about unusual options activity.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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